Narrative Update • May 18
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Finnish (OMX) Medical Equipment Industry Analysis
UpdatedMay 20, 2026
DataAggregated Company Financials
Companies6
- 7D4.2%
- 3M-47.7%
- 1Y-44.8%
- YTD-66.5%
Over the last 7 days, the Medical Equipment industry has risen 4.2%, driven by gains from Revenio Group Oyj of 5.5%. Meanwhile, Optomed Oyj actually underperformed within the industry, shrinking 12% in the last week. In contrast, the industry has lost 45% in the last 12 months. Looking forward, earnings are forecast to grow by 30% annually.
Industry Valuation and Performance
Has the Finnish Medical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 20 May 2026 | €583.1m | €166.0m | €8.9m | 23.9x | 65.4x | 3.5x |
| Fri, 17 Apr 2026 | €657.6m | €165.6m | €9.5m | 26x | 69.4x | 4x |
| Sun, 15 Mar 2026 | €673.9m | €165.6m | €9.4m | 27x | 71.5x | 4.1x |
| Tue, 10 Feb 2026 | €814.8m | €163.0m | €10.1m | 25.5x | 80.5x | 5x |
| Thu, 08 Jan 2026 | €910.1m | €163.0m | €10.1m | 28.2x | 89.9x | 5.6x |
| Sat, 06 Dec 2025 | €890.6m | €163.0m | €10.1m | 27.8x | 88x | 5.5x |
| Mon, 03 Nov 2025 | €952.1m | €161.7m | €10.1m | 27.7x | 94.5x | 5.9x |
| Wed, 01 Oct 2025 | €913.3m | €158.3m | €8.9m | 26.7x | 102.2x | 5.8x |
| Fri, 29 Aug 2025 | €942.3m | €158.3m | €8.9m | 27.1x | 105.4x | 6x |
| Sun, 27 Jul 2025 | €1.1b | €154.7m | €8.6m | 28.7x | 126.5x | 7.1x |
| Tue, 24 Jun 2025 | €1.0b | €154.7m | €8.6m | 27.3x | 118x | 6.6x |
| Thu, 22 May 2025 | €1.0b | €154.7m | €8.6m | 27.4x | 119.8x | 6.7x |
| Sat, 19 Apr 2025 | €895.3m | €150.9m | €8.3m | 24.4x | 108.2x | 5.9x |
| Mon, 17 Mar 2025 | €971.5m | €150.9m | €8.3m | 26.8x | 116.9x | 6.4x |
| Wed, 12 Feb 2025 | €1.1b | €146.0m | €3.2m | 36x | 343.2x | 7.5x |
| Fri, 10 Jan 2025 | €1.0b | €146.0m | €3.2m | 32.5x | 315.7x | 6.9x |
| Sun, 08 Dec 2024 | €984.9m | €146.0m | €3.2m | 29.5x | 309.5x | 6.7x |
| Tue, 05 Nov 2024 | €1.0b | €147.0m | €4.2m | 31.4x | 238.9x | 6.9x |
| Thu, 03 Oct 2024 | €1.2b | €145.0m | €3.4m | 34.3x | 345.1x | 8.1x |
| Sat, 31 Aug 2024 | €1.2b | €145.0m | €3.4m | 33.2x | 339.2x | 8x |
| Mon, 29 Jul 2024 | €1.0b | €140.7m | €2.7m | 30.2x | 388.3x | 7.4x |
| Wed, 26 Jun 2024 | €1.0b | €140.7m | €2.7m | 27.9x | 376x | 7.1x |
| Fri, 24 May 2024 | €1.0b | €140.7m | €2.7m | 28.6x | 384.7x | 7.3x |
| Sun, 21 Apr 2024 | €870.2m | €140.9m | €3.3m | 25.6x | 261.3x | 6.2x |
| Tue, 19 Mar 2024 | €870.9m | €140.9m | €3.4m | 25.2x | 257.7x | 6.2x |
| Thu, 15 Feb 2024 | €869.8m | €138.1m | €3.0m | 32.6x | 291.1x | 6.3x |
| Sat, 13 Jan 2024 | €903.5m | €138.1m | €3.0m | 32.8x | 302.4x | 6.5x |
| Mon, 11 Dec 2023 | €833.3m | €138.1m | €3.0m | 31.3x | 278.9x | 6x |
| Wed, 08 Nov 2023 | €802.4m | €138.1m | €3.0m | 30.7x | 268.6x | 5.8x |
| Fri, 06 Oct 2023 | €754.7m | €139.8m | €3.7m | 27.8x | 206.7x | 5.4x |
| Sun, 03 Sep 2023 | €858.5m | €139.8m | €3.7m | 30.1x | 235.2x | 6.1x |
| Tue, 01 Aug 2023 | €1.1b | €144.5m | €9.3m | 40.3x | 117.5x | 7.6x |
| Thu, 29 Jun 2023 | €1.1b | €144.5m | €9.3m | 39.7x | 115.2x | 7.5x |
| Sat, 27 May 2023 | €1.1b | €144.5m | €9.3m | 39.6x | 116.5x | 7.5x |
Price to Earnings Ratio
116.5x
Current Industry PE
- Investors are pessimistic on the Finnish Medical Equipment industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 65.4x which is lower than its 3-year average PE of 206x.
- The 3-year average PS ratio of 6.3x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Medical Equipment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 4.7% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Finnish Healthcare industry?
| FI Market | 2.12% | |
| Healthcare | 5.24% | |
| Medical Equipment | 4.17% | |
| Medical Equipment | 4.17% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 206x.
- Analysts are expecting annual earnings growth of 30.0%, which is higher than its past year's earnings decline of 5.6% per year.
- Investors are most pessimistic about the Medical Equipment industry, which is trading below its 3-year average of 206x.
Forecasted Growth
- Analysts are most optimistic on the Medical Equipment industry, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings decline of 5.6% per year.
- In contrast, the Medical Equipment industry is expected to see its earnings grow by 30% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REG1V Revenio Group Oyj | €14.10 | 5.5% +€19.7m | -51.0% | PE23.9x | |
| BRETEC Bioretec Oy | €0.023 | 75.4% +€13.1m | -99.0% | n/a |
